Fixed Assets in Microsoft Dynamics NAV 2013 Training Course

Course 804341 Day

Course OverviewThis one-day instructor-led course provides students with the knowledge and skills to set up all aspects the Fixed Assets granules available for Microsoft Dynamics® NAV 2013. This course demonstrates how to set up Fixed Assets, how to perform a wide variety of Fixed Asset transactions, as well as how to handle reclassification, maintenance, and insurance where Fixed Assets are concerned.

AudienceCourse 80424: Fixed Assets in Microsoft Dynamics NAV 2013 is designed partners wanting to learn how to set up Fixed Assets in Microsoft Dynamics NAV 2013 for their customer. For sales people, consultants, and implementers who need to understand the technical aspects of Microsoft Dynamics NAV2009 Fixed Assets and gain foundational knowledge of the application functionality.

Module 2: Fixed Asset TransactionsThis module describes the purpose of journal templates for Fixed Assets, and explains the purchasing procedure for Fixed Assets. The basic transactions for fixed assets are depreciations, acquisition costs, write-downs, and disposals. All four types of transactions and the processes connected to these transactions are described in this module.Lessons

Journals for Fixed Assets

Purchase Fixed Assets

Calculate and Post Depreciation

Write-down and Appreciation of Fixed Assets

Fixed Asset Disposals

Correct an Entry

Document Fixed Asset Transactions

Fixed Asset Reports

Budget Fixed Asset Transactions

Cost Accounting Depreciation

Indexation

Minor Assets

Lab : Purchase a Fixed Asset Using the Purchase Invoice

Post the Acquisition Cost through Purchase Invoice

Lab : Increase the Cost of the Fixed Asset

Post Additional Acquisition Cost

Lab : Calculate Depreciation

Calculate and Post Depreciation

Lab : Post Write-down

Post a Write-down

Lab : Dispose of a Fixed Asset with a Sales Invoice

Dispose of a Whole Fixed Asset

Lab : Cancel and Recalculate Depreciation

Cancel and Recalculate Depreciation

Lab : Cancel Entries

Cancel an Entry

Lab : Budget a Fixed Asset

Budget a Fixed Asset

Lab : Manage a Minor Asset

Manage a Minor Asset

Set up journals for fixed assets.

Post a fixed asset acquisition through a purchase invoice.

Increase the cost of a fixed asset by using the FA journal.

Explain the manual and automatic depreciation posting methods.

Set up write-down and appreciation of fixed assets.

Set up disposals of fixed assets.

Cancel and recalculate an incorrectly posted depreciation entry.

Cancel an incorrect entry that is already posted.

Reverse an incorrectly posted transaction.

Explain how to document fixed asset transactions.

Explain how to view the FA registers.

Demonstrate the reports for fixed assets.

Set up budgeting for fixed asset transactions.

Set up cost accounting depreciations.

Set up indexation.

Set up and depreciate minor assets.

Module 3: Fixed Asset ReclassificationThis module focuses on the reclassification journal. How to use this journal is explained through different scenarios of most frequently used real-life situations.

Lessons

Asset Transfers

Combining Assets

Lab : Splitting a Fixed Asset

Splitting a Fixed Asset

Partial Disposal of an Asset

Lab : Disposing of a Part of an Asset

Disposing of a Part of an Asset

After completing this module, students will be able to:

Transfer a fixed asset.

Split a fixed asset.

Dispose of a part of a fixed asset.

Combine assets.

Module 4: Fixed Assets MaintenanceThis module explains how to set up maintenance information for fixed assets and describes the functionality and processes of registering maintenance on fixed assets.